HYPE SPECIAL: PRESIDENTIAL MEMECOINS + INAUGURATION

Welcome to the HYPE TRAIN - a newsletter that breaks down what's happening in the crazy world of memecoins. We'll be breaking down the WTF moments, Best Trades, and much more, while trying to provide some humor to your day.

Disclaimer: Take none of this as financial advice & do your own research

Aaand here we go:

Pleasant day to be a degen! Welcome to today’s edition of Hype Train, where we will be covering our staples today:

• TOP Memecoin Performances😇

• INAGURATION MEMES??😍

• TRUMP COIN?!?!?! 😱

• AND………………stories that will shake your head🙈

CRYPTO STAPLES🥇^{_{*As of 2:20 pm EST on January 20th}}

HYPE INDEX🐐

NEW SCHOOL OF TRADING

TRUMP LAUNCHES COIN🫡

President-elect Donald Trump has launched a Solana-based memecoin, $TRUMP, just three days before his inauguration as the 47th President of the United States.

• The token rapidly achieved a $15.1 billion market cap, making it one of the top 20 tokens in the crypto industry.

• The supply is limited to 200 million tokens initially, with a total supply of 1 billion expected over three years.

Trump announced the launch through his Truth Social and X accounts, stating:
"My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW."

The project appears to be tied to CIC Digital LLC, the entity responsible for Trump’s NFT trading cards, which earned over $7 million. CIC Digital and affiliated entities will receive 80% of the tokens over three years, with 10% allocated for public distribution and 10% for liquidity. The memecoin’s launch has led to a surge in activity on the Solana network, with trading volumes hitting all-time highs of over $9 billion daily. This groundbreaking move positions Trump as the first President-elect to release a memecoin, further cementing the growing role of crypto in mainstream culture.

TRUMP’S EFFECT ON SOLANA🗣

Solana's SOL token saw a dramatic surge in value after the launch of a meme coin tied to President-elect Donald Trump. The price of SOL jumped 12%, reaching $286 on Sunday, and at one point, it had surged by nearly 23%. The spike began following the announcement of the "Official Trump" memecoin on Trump's social media platforms, with the token issued on the Solana blockchain. . However, as of now, Solana has retraced by about 9%, with the price of SOL sitting at $246, due to circumstances I will talk about down below.

1. The TRUMP token’s market cap hit $67 billion as the coin surged to $67 per token, leading to Solana’s SOL reaching an all-time high (ATH) of $286 before its recent decline.

2. The TRUMP token’s success has significantly boosted Solana’s ecosystem, with SOL trading volumes soaring from $3 billion to over $26 billion, signaling a strong market shift.

MELANIA TRUMP MEMECOIN!

Melania Trump has launched her own meme coin, $MELANIA, on the Solana blockchain, following the success of her husband’s $TRUMP cryptocurrency. Announced on the social platform X, the coin is marketed as "fungible crypto assets created and tracked on the Solana blockchain." This launch comes after President-elect Donald Trump's own meme coin generated substantial buzz and growth. Trump's coin, $TRUMP, has become a prominent figure in the cryptocurrency space, reflecting the Trump family's embrace of the crypto community.

The $MELANIA coin has a supply of 1 billion tokens, with 35% allocated to the team, which will unlock over the next 13 months. Early data shows over 417,000 wallets holding $MELANIA, with the coin rapidly rising in value, breaking $5 with a fully diluted market cap surpassing $5 billion.

The launch coincided with a massive crash, where transactions on Phantom wallets surged to over 8 million per minute, causing a freeze and sending Bitcoin and Solana prices plummeting. $MELANIA peaked at $13 but has since fallen to $5.67, while $TRUMP also saw a 40% drop, falling from $72 to $39 per token.

TIKTOK IS BACK, BUT RUGGED

Ryan Fournier, the conservative activist and co-founder of Students for Trump, faced backlash after selling half of the supply of the "TIKTOK" memecoin, which was created to celebrate TikTok's un-banning in the U.S. According to Fournier, he came up with the idea for the coin with a trader named Asta, who created the coin and gave Fournier half of the supply. The token initially soared in value, reaching a market cap of over $90 million, but when the price started to drop, Fournier admitted to selling his stash.

Fournier claimed he was scammed by Asta, despite evidence suggesting Asta did not sell the coins. The token’s value plummeted after Fournier’s sale, crashing from $90 million to just $2.9 million. Fournier, who is relatively new to crypto, expressed regret, insisting he had no ill intentions, and said he had made a mistake by trusting the creator. He even offered to make things right, offering $50,000 in compensation.

INAGURATION WENT CRAZY

Ok, this is definitley the longest Hype Train but there is so much to cover, especially what happened this morning. As most of you know, today was the Presidential Inauguration, where Trump was I think “sworn” in as the 47th president. There were plenty of memes, from the audience, to Trump’s speech itself. He was acting like Jerome Powell dictating the stocks, but for memecoins.

The biggest meme had to of been Mark Zuckerberg, who was deviously caught in 4k getting a peek at Jeff Bezos’ wife’s you know what (image down below). As such, the memecoins $ZUKKU (Horny Zuck), $ZUCKERBERG, and $FACEBOOB were launched. Ts got me cracking up he was caught so bad omg 😂 

Now onto Trump’s speech. There were plenty of soundbites and his keywords he wanted to say, but nothing about crypto sadly, kinda causing the markets to panic. Anyway, some of his terms like “Drill Baby Drill”, “Make America Great Again”, “External Revenue Service”, “Gulf Of America”, “AIB (America Is Back)”. And obviously the billions of $TRUMP coins all pumped, like $TRUMP Nation is up to a $12.1 Million market cap, where it just launched 5 hours ago. Lowkey just read the table below, it will have a bunch of the coins.

BARRON COIN

The whole Trump family is getting coins, but we don’t have to cover the other irrelevant ones, but $BARRON is relevant. Probably one of the most prominent figures in crypto, who maybe prompted Trump to become so pro-crypto, a coin was made for him before the inauguration. Rocketing to a market cap of $21.7 Million, $BARRON is up 16K%. Many people are saying that is a fake coin, but people are still shilling it for the vibes. Reports are saying though that the real Barron coin will be launched within the next 12 hours, so keep your eyes peeled.

Make sure to have Hype downloaded so you can act fast.

 WORLD LIBERTY FINANCIAL

Trump’s financial company WLFI, just bought $47 Million in wrapped bitcoin to celebrate his presidency. Bitcoin has been extremely volitile these past weekend, lowering to $86,000 amid market freezing. It is back up to $103 Thousand, but down 1.5% today, eluding to Trump’s inability to talk about crypto, and buying a wrapped bitcoin on Ethereum’s blockchain, even though that is down 2.7%.

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That’s all for today’s edition, see you degens tomorrow!

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.